2012-09-29
2012-09-29
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massive tax code will put more money back in your pocket, but will it work? hi, everybody. welcome to "forbes on fox." steve, what do you think of this romney tax plan? >> it increases take-home pay, middle class family, $2,000 extra in their take-home pay, and more importantly it reduces the price of doing work, being productive and taking risks. lowering that price, lowering tax rates. that's the way to get the economy going. worked for kennedy, for reagan, worked in the early part of the last decade. it will work again. >> we have to do something. since the recovery began, by the way, june 2009, household incomes are down 5.7%. that's since the recovery. when you're in a recovery, incomes are supposed to go up. >> yeah. what's disstressing and concerning is, at this point i don't know what governor romney has in mind. he's been saying all along he'll reduce taxes and shows up in ohio -- >> reducing tax rates. >> he shows up and says don't expect a huge tax cut, because what he's doing is lowering deductions and exemptions. great. i wonder if somebody will get around to telling m

us -- the double-digit inflation, the high tax rates that i think were hurting the economy, the stagflation that we were undergoing. before even the election day, something that none of those economists had even predicted had happened, that the economy was so worsened that i was openly saying that what we had thought on the basis of our plan could have brought a balanced budget -- no, that was no longer possible. so, the plan that we have had and that we are following is a plan that is based on growth in the economy, recovery without inflation, and reducing the share that the government is taking from the gross national product, which has become a drag on the economy. already, we have a recovery that has been going on for about 21 months to the point that we can now call it an expansion. under that, this year, we have seen a $21 billion reduction in the deficit from last year, based mainly on the increased revenues the government is getting without raising tax rates. our tax cut, we think, was very instrumental in bringing about this economic recovery. we have reduced infla

on the campaign trail, including calling for higher taxes on the rich and new spending plans and it comes as we find out the economy's slowing, and someone here says the economic patriotism will only cause this number to keep growing. and take the economy down for good. are they right? hi, everyone, i'm brenda buttner, this is bulls and bears, here are the bulls and bears, gary b smith, tobin smith. jonas max ferris. and welcome everybody. gary b, is economic patriotism exactly what the economy needs? >> well, not this version of economic patriotism. you know, i think this plan is going to do a lot more harm than good, brenda, especially to the country's bottom line. look, i went through the plan, obama's plan. i went through his tv commercial, three things jumped out that just didn't make any sense, one, he wants to-- one, he wants to cut tax breaks or companies that outsource. when companies outsource the net effect is to create more jobs that were here. people were able to buy goods cheaper because companies are able to make the goods cheaper and buy goods cheaper and spend more money in oth

tax breaks or companies that outsource. when companies outsource the net effect is to create more jobs that were here. people were able to buy goods cheaper because companies are able to make the goods cheaper and buy goods cheaper and spend more money in other sectors, two the other they think he wants to do, he wanted to invest in education and training programs. that's all well and good, brenda and we know that's going to cost millions and millions of dollars, but that's not how the economy works. >> gary b, it's spending more, what does that do to the debt? >> well, brenda, he tries to get up, up, up. when i went to work for ibm 30-odd years ago, the government didn't teach me how computers work. bem caught me. rockefeller's oil company taught people how to drill for oil and gas and the third thing that strikes me that's not going to work. he wants to double manufacturing jobs, increase manufacturing jobs, that's fine, but why does the manufacturing get the benefit of government largest, why not the financial sector, oil and gas, all of this stuff drives the debt sky high and we kn

. the basically believe if we spend another $5 trillion on tax >> don't boo, vote. >> >> he has one thing he did not do in his first four years, which is to raise taxes. is there anybody who thinks raising taxes will help the economy? his plan is to continue what he has done before. the status quo has not worked. we cannot afford them a more years of brought the bomb. >> wednesday, president obama and mitt romney meet in their first presidential debate. watch and engage with c-span. post debate, your reaction, calls, e-mails, and tweets. >> not a debate between former wisconsin governor tommy thompson and u.s. rep tammy baldwin. this debate is hosted by the wisconsin broadcasters association. the cook political report raised his race a tossup. this is one hour. >> good evening. radio and television broadcasters are pleased to continue our public affairs broadcasts tradition began in 1990 sponsoring debates in major political campaigns. the debate will be broadcast over 80 wisconsin television stations. this evening's debate will engage the two leading candidates in their first face- to-face deba

payroll tax to gross receipt tax and why? because by doing that we can create jobs in san francisco and keep people in san francisco . the kids are growing up and we want them to stay but we need jobs. i agree with mr. crowley with the police force and make sure that is fully staffed and i have been speaking to the police athletic league and they have a program to breen the teenagers to be interns in the police force and they would feed into the police cadet program. thank you. >> thank you sir. the next question the city's liabilities are projected to increase in the next coming year. s what new or increased fees should it institute and i will repeat the question and we will begin with mr. crowley. >> i would say that one of the bigger things that we will have before us is the gross receipts tax check that norman talked about trading from the payroll tax which is punitive. the next thing i would do is increase the foot print on mos sony center and that brings in a lot of money to the general fund and erect a multi-purpose area and bring in more money to the coffers and a green i

into a such a deep hole and everyone wants to avoid tax, tax, tax, we can't. yes, they've got it cut it, and going to have to do financials, we don't want to do it, we've got to. >> neil: i'd like to disagree with that, but (laughter) >> mr. gasperino? >> and we don't have to raise taxes right now. it'd be a dumb thing to raise taxes, in the middle it looks like we're headed to a double dip recession. >> neil: you think that. >> you look at the numbers and the business round table and look at the latest gdp numbers and consumer spending and i don't criticize ben bernanke for doing what he did with qe three, primarily the numbers look bad-- >> of aalways been in the-- >> and i tell you, never criticized, one you've never criticized. >> neil, neil, this is the only thing left. if you don't have-- >> come on, i think you doth protest too much. dagen. >> i think what ryan says does ring true. because obama care and the bowles simpson panel completely off the table. medicare don't touch it. medicaid, do ent touch it. in fact, paul ryan did work with alice rivlin on something like proposed for medicare

growth. if you have taxes going up in the united states and expenditures going down ultimately that has to happen if you are going to solve that math problem in a slow growth while. >> at the same in europe and the same everywhere. we all grew up with spending more money. we only have to do two things, spend more money to charge of the economy and spend less money in order to shrink the deficit. all goes to show whether you're a country or a company is when you get in trouble here options are reduced. and so this is not easy and of course the options have been reduced. you can't go out and have another stimulus and look at the consequences to the balance sheet as a result of what that will be. what you are going to have to do i think is you are going to have to not shrink -- not push austerity in the near term because that is the fiscal cliff then you will have to keep going on certain things and not the stimulus but not take away the punch bowl within the near term but you are going to have to convince the market and the lenders and galvanize the country that in the longer term you are

another $5 trillion on tax cuts that favor the very wealthy, that -- don't do, vote. vote. [cheers and applause] >> you stop when no idea. one thing he did not do in his first four years anything is going to do in the next four years is to raise taxes. is there anything that raising taxes will help grow the economy? his plan is to continue what he's done before. the status quo has not worked. we cannot afford four more years of barack obama. we're not going to have four more years of barack obama. >> the yemeni president was in washington d.c. today to speak at the wilson's manner. mr. hadi took over the presidency in february after an uprising forced a previous president to step down after 33 years in power. security remains a major turning ament with president hadi offering to hold talks with al qaeda and other militant groups to take down their weapons. jane harman gives introductory remarks. >> do we have some more room for the president's party? let's see -- okay. good afternoon to welcome to the wilson center. i am jane harman, president and eeo. the wilson center, a living m

and the hotel tax is not collected. should the city legalize some or all of the arrangements and collect a hotel tax and we will begin with you -- i will be glad to repeat the question. >> i honestly don't know how you would enforce a law like that. of course everyone should pay their fair share but i don't know how you could enforce that. i believe we should standardize the inlaw units, maybe sure they're up to code and regulate any new units but as far as taxation i cannot see how you could actually enforce that and collect the taxes on it. >> thank you sir. mr. yee. >> cheryl i just want to make sure -- >> i can repeat it. there is internet base market for short base rentals and they sublease units to visitors and tourists and many are illegal and the city's hotel tax is not collected. should the city legalize these arrangements and collect the hotel tax? >> i traveled to different countries and i go to the internet and they have hotels and these rentals advertise and i have used these apartments as rentals for either a few days or one week and it's kind of nice to be there so i would supp

. these guys have been in ohio and they should start paying income tax. this thing is as close can be they both wouldn't be here. i expect this to go down to the wire. we are always a swing state. it will be very close. >> paul: so the democrats are saying one of big things that is helping the spent the auto bailout. is that how you lead to to help the president? >> look, we're up 123,000 jobs over the last year and three-quarters. we're actually according to the bureau of labor statistics down 500 jobs, auto jobs in ohio. the situation. chrysler has expanded and ford and gm have shrunk their footprint but we stabilizing. auto industry out here. of the 123,000 jobs, most of them, biggest categories are business services and healthcare. we are having specialty manufacturing rebounds but it's hard to argue in fact the bureau of labor statistics we are down net 500 jobs you can attach that to why we are up 123,000 and ohio is actually doing much better. >> one of your colleagues, speaker john boehner had something to say about the race in ohio. i want to get your reaction to it. >> one of the thin

coming together on issues that affect all of us, tax reform, housing, fixing our parks and open space, fixing our streets. this year we have come together in an unprecedented way to put these issues to the ballot, because we agree it's the right time for smart and long-term investment in our city and in housing and in parks and in tax reform. together we're putting people back to work and building our city at the same time. now it's time to reform our tax structure. a lot of people ask me, well, mayor, what is this business tax reform? what is it all about? it's very complicated. well, i will tell them it's about real people, about business, and about real jobs. because it's now that we're the only city in the state of california that has a payroll tax, literally a tax on job-creation. it doesn't make sense. so i'm happy to report that we at last are reforming our business tax structure to stop taxing jobs. and help companies large and small to stay here, to grow here, and to continue starting here as well. we need to protect existing jobs and we need to spur job-creation. our co

have taken on issues. we have cut spending, balanced our budget, and we provided tax relief. that is what we do in nebraska, and that is what we need to do in washington. nebraskans are saying enough. they are ready for real change we need to have somebody there who is going to take the nebraska way to washington, and i promise that is what i will do. >> let me assure you that i am still bob kerrey. i looked a little different than i did before, hopefully a little wiser. you know me, you know i went to war, came to nebraska and started a business. i was your governor when we had a recession, and we came through for you. i was your senator when the nation had a recession, another large deficit. we got the job done. i am a candidate because washington is a mess. both parties have made commitments that we cannot keep, and nobody wants to do anything about it. i promise to go to washington to change our congress, and i promise to work with republicans to get our budget balanced so we can set a different course. my opponent promises more of the same. she signed a pledge at that w

of infrastructure districts which is in a form of tax increment financing, in the wake of redevelopment agencies, more focus came to this tool, this year and two major bills are on the governor's desk at this point. ab2144 which is the speakers bill, generally provides a broader use of infrastructure financing districts. one thing the two bills and i will discuss the second bill in a second, have in common, and this was a fatal flaw i think in earlier versions of infrastructure financing district bills. it would have allowed entities to scoop up tax increments out of school districts share of local and both of these bills have prohibitions against that. the reason is the state is compelled to backfill any of those kind of redirections. so these bills have a higher degree of promise of being approved. the speakers bill is a broader-based bill it is more akin to a redevelopment agency structure and the one unique feature of this bill different from the second bill i mentioned as second, is that it still requires a vote to establish the infrastructure district. 55 percent vote of the populous and t

taxes. i have served on the sunshine task force and we had a lot of members of public come in front of us, looking for reasons why all of these projects were overbudget and i think there is a lot of waste there government. we just talked about the hetch hetchy matter and building was supposed to be $140 million, but it was actually $65 million over budget. the department of public works doesn't even have all of its receipts. the bond oversight committee is supposed to be have access to those receipts. they can't get them. so we ce[6ud money is not accounted for. we found waste in the arts commission, which the controllers office confirmed and the civil grand jury confirm and we also found waste in various other departments. and this board of supervisors needs people on it who will actually ask those questions. thank you. we have a couple other candidates who wanted to jump in here. mr. davis and miss selby. >> after $1.5 billion in public service sector cuts in san francisco since 2008, since our budget crisis, we can't balance our budget going forward on cuts alone. we have got

, making it look like he is writing off half the country. i wish he would do it tax reform -- i don't think he is going to do that -- or find some way to convince people what he actually is, a decent human being. >> he said this week, "my heart aches for the people i have seen. there are so many in the country that are hurting and i want to help them." the voters are not getting that message. >> the problem that he has -- call it or late ability or what you want -- remember john kerry? "before i voted for the $87 million, i voted against it." that played into the negative narrative of john kerry as being a foot locker. -- flip-flopper. this tape played into the stereotype of mitt romney as an aloof, detached, uncaring, just unable to show empathy for people who are not in his social or economic bracket. >> from the politico piece," rare is the moment when romney sings the praises of the working stiff." mike huckabee told the jay leno romney reminds you of the guy who fired the of. >> -- fired you. >> look, romney is not going to be the clinton who feels your pain. he is not a great politici

to the tax-writing committees and point out all of the loopholes we can close and all of the increases that are viable and will provide the revenues we need to provide early childhood system our children and families deserve. i think that is doable. >> what a great panel. join me in saying thank you to all of our speakers today. [applause] we have are marching orders. -- we have our marching orders. we are adjourned. have a good afternoon. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> mr. president, do you think middle income americans are over or under taxed? >> i was not going to say this, but i cannot help it. there you go again. [laughter] i do not have a plan to tax or increase taxes. i am not going to increase taxes. i can understand why you are. as a senator, you voted 16 times to increase taxes. i believe our problem has not been that anybody in our country is under text. -- under taxed. had a 25% tax cut across the board that maintained the same productivity of attacks by structure. as a matter of fact, it h

action on entitlement reform, on tax reform and all these issues that are also going to come up when they have to deal with the bush tax cuts, beginning of next year. but this is really an act of irresponsibility that is shared by both congress and, frankly, the white house because when they negotiated the debt deal last year and set up this sequesteration and this sort of economic, nuclear showdown, they knew it had to be negotiated in an election year, if it didn't get worked out last fall and everybody a in washington knows these kind of decision don't get made in an election year. everybody kicked the can into an election year when they knew it wouldn't get done and we have the prospect of dealing with it this year, probably next year. >> i am telling you about this economic storm that hit us, growth in the united states is slow and we're selling fewer manufactured goods. guess what, americans think the future is so bright they have to wear shades. with the threat of going over the fiscal cliff looming, is all this confidence misplaced? we'll talk about this, next. ♪ ♪ [ male

have a payroll tax that taxes job-creation in the city. and that was one of the most negative things we could do when we are trying to do the opposite of creating jobs. so in a discussion very intensely for the first year i made a commitment with the other candidates running for mayor and we agreed and got that consensus together just recently to get rid of the payroll tax and it helps everybody with a fairer tax system so we're incentivizing job-creation. >> it's called proposition e and we all want to vote yes on e, because yes on e reduces the payroll tax and switches the tax to a gross receipts tax. and saves tech companies millions of dollars so that they can go take that money and create new jobs. >> so that helps the billionaires and it also helps people who wants jobs? >> it also helps every small business in san francisco. >> it helps everybody. who is against it? it's those crazy, what are they called? the board of supervisors? >> no, we got a unanimous vote from the board of supervisors. >> oh, they are squared of d scared of you now? >> no matter what convention yo

, it remains to be seen. but then that will require some other tax. that would be my big request like everybody else. get america's finances under control and that will take both parties. it will take taxes and it will take reduction in commitments that have been made. it now can be validated. let's get this but do it in a way that exacerbates the uncertain economy. the second -- we have to happen through innovation. whether it is the space program or tax credits for renewable energy. all that is important. we have to keep that going. that will get hard because we will face is demographics. that is my 74th birthday on april 7. i am aware of the and aging population which i have become and we are an aging population relative to what we were. luckily, we have millions of fresh arrivals that are younger and are energetic and they come from all over the world. we have to make sure our education system lifts them to their highest aspirations. when the society ages, it tends to -- it declines. that is the big demographic imperative. i was reviewing one of my favorite books on the roman republic. how

as the candidates drill down on the economy. >> you think if we spend another $5 trillion on tax cuts for the wealthiest americans, all our problems are going to go away? >> his plan is the spluss, how did the first one go. how much of it did you get? it was cash for clunkers. did you get help from that? gwen: and duke it on foreign policy. >> i'm pretty certain there will be bumps in the road because in a lot of these places, the one organizing brell has been islam. >> he said the developments in the middle east are bumps in the road. [laughter] >> yeah, that was my reaction. bumps in the road? these are not bumps in the road. these are human lives. gwen: the candidates, the polls, the issues, the voters, we are in the heartland tonight. covering the week, charles babington of the associated press, nia-malika henderson of the "washington post." jim tankersley of "national journal" and jeff delaney of the "new york times." >> this is a special election 2012 edition of "washington week with gwen ifill and national journal". public funding for "washington week" in st. louis" is provided

caucuses control their own taxes. republicans, their caucus would control all the taxes that republicans pay, and we republicans could pay for all the b.t. bombers and the infrastructure, all the things that we want, and the democrats can take all of their taxes they collect and pay for the social programs. and then, in the middle, all the sings that we both absolutely agree on, we just cut it in half and pay for that and then that way the things that each other don't like, both sides, we'd be able to pay for their own things that they want. host: that is a very interesting way of looking at taxation, randy. we're going to continue our conversation about one party versus divided government with paul. paul is calling from wisconsin. he's on our line for democrats. go ahead, paul. caller: hey. yeah, i definitely believe in a one-party system. i think if barack obama would have been able to get his policies throughout, his unemployment rate would probably be about 7% with all them jobs programs. you know, the republicans were trying to do everything they can to stall the economy so they can

directly affects our taxes, schools, roads, the quality of our air and water -- even our right to vote. politicians and lobbyists at the core of this clever enterprise figured out how to pull it off in an organized, camouflaged way, covering their tracks while they put one over on an unsuspecting public. this is the story of how and why it worked. our report was many months in the making. it's a collaboration between tom casciato and kathleen hughes, the filmmakers at okapi productions and the schumann media center that i head. schumann supports independent journalism and public watchdog groups like the center for media and democracy, whose investigators have been tracking the footprints of alec, an organization hiding in plain sight, yet one of the most influential and powerful in american politics. ♪ ♪ ♪ >> i've often told people that i talk to out on the campaign trail when they say "state what?" when i say i'm running for the state legislature. i tell them that the decisions that are made here in the legislature are often more important for your everyday life than the decisio

be massive, selective tax cuts. margaret thatcher it is there is no alternative. of course that's absurd. there was an alternative. we have to connect the dots to understand what is going on today. i read the chronicle. so what i've done is put together a montage of the murder of public sector, which is going on everyday. in fact all of the public sector is in body shape. public libraries, parks from the municipal to the national level. our character is among the worst in the world. the new deal deals with things in a different way. when i was going to school, california school's were the best. now they are among the worst with the new budget cuts. of course, my university is being privatized. all of the higher education is being privatized. all through the uc system. how do you run a modern state with tax cuts? we resort to desperate, back last november, we were asked to vote to make four indian casinos in san diego county pony up money. i thought this was a joke. they voted to do it. now, the governor proposes to borrow against future revenues. how did they deal with these social prob

, and we're making clear that american tax dollars must never ever be used to support the trafficking of human beings. we will have zero tolerance. we mean what we say. no government can meet this challenge alone. everybody has a responsibility. every nation can take action. must be passed and enforced. victims must be cared for. the united states congress should renew the trafficking victims protection act. this is a no-brainer. we need to get that down. as nations, let's recommit to addressing the underlying forces that pushed so many into bondage in the first place. with development and economic growth that creates legitimate jobs, there is less likelihood of indentured servitude around child should ever be exported -- cultures of every country. a commitment to equality, as in the equal futures partnership we launched with other nations yesterday, so countries can empower our sisters and daughters. every business can take action. all the business leaders here, companies have the responsibility to make sure that their supply chains are free of forced labor. the good news is more res

and federal taxes. if the united nations gets its way the united states tax me g.e.d.en could go global. >> just how friendly are our skies? "fox & friends" begins right now. snet ♪ >> good saturday morning, everyone. welcome in to "fox & friends" on this early fall morning. coming up in just about a half an hour we are going to talk about whether or not spanking should be considered a form of child abuse. one state is actually moving, perhaps, to make it that way. you could be locked up as a result of it. >> looking forward to that debate. we will answer that question. which one of us three is the funniest reporter in new york? we'll not give you any clues. >> no clues. >> i said no -- >> more on that later on in the program. >> meanwhile the top story, the news that has consumed us for the better part of two weeks now. that is what happened in benghazi? why was the message coming out of the administration so muddled at best and misleading at worse? when did they know that it was a terrorist attack? why won't the president actually use the term terrorist attack? well, yesterday there

headlines. >> we have been talking about tax megeddon at the end of the year when the tax cuts are set to expire and every american would feel it in some form or fashion. now, forget the american tax megeddon, it looks like a global tax megeddon if the united nations gets its way. >> this was discussed at the u.n. general assembly. probably not likely to be instituted or supported by the united states who is already the biggest contribute ter to the u.n. over 20% of the u.n. budget. here is what has been proposed. a 1% tax on billion nargs around the world. a tax on all currency trading in the u.s. a tiny tax on all financial transactions. >> how tiny? >> not sure. >> new taxes on carbon emissions and on airline tickets. this has for the past year these ideas have been bandied about and the overall overarching goal would be to help transfer money from richations like the united states to poor developing countries. now, what's interesting is that this would be entered into the actual record of what was discussed discussed it at t. when foxnews.com reported on this. they were suddenly se

balance, tax rate reduction, simple deregulation, and stable stabilizing the value of the dollar. lou: how long do you think it would take to have a significant -- be able to report significant progress on all of that to the american people? is there, again, i always ask you this, is there a short term solution to what is now long term pain for the american people 2 million of bhom remain under employed or up employed. >> the short term solution is electing a new president. lou: say we do that -- >> yes. lou: what happens? >> them people are policy. we have to count on the clarity of mind of president obama to choose cabinet officers as well as bring with him enough congressman and senators to reorient the entire american economic policy. it's budgetary policies and monetary policies. >> okay. lou: we've got a lot to talk about it. we'll continue that in the next sit down, if you will, but it seems to me it's important that if governor romney is in an interesting position, at least in economics, finds himself in the unique position having the same disadvantages of senator mccain, and gover

economics. they think if we spend another $5 trillion on tax cuts that favor the very wealthiest -- >> [booing] >> don't boo. vote. vote. >> one new idea. there is one thing he did not do in his first four years, raising taxes. is there anybody that thinks raising taxes will help the economy? his plan is to continue what he has done before. the status quo has not worked. we can't afford four more years of barack obama. >> president obama and governor romney meet in their first-ever presidential debate. watch and engage including the live debate preview at 7:00 p.m. eastern with the debate at 9:00 had posted the day. -- and post-debate. >> i was always shot as anybody that spent a lot of time around campaigns, most people could not explain to me why they did anything they were doing. at some point, they did it because they have always done it that way or there was some sort of role that wasn't really based in any research. i went around the campaigns with skepticism about some of the practices that were taking place. as i learned about people that were doing these field experiment

taxes, we volunteer, we are role models. let us invest in long-term recovery support for young people so we can save lives and save resources. since joining the recovery committee, i had been living a life beyond my wildest dreams. this cannot happen without support. have the blessing of an incredibly family was an understanding from the beginning cured my sister and mother are both part of the recovery community. my sister has been a beacon of hope. my mom has also been in recovery is a family member for over six years. she actively participate in a peer to peer support groups for parents with youths of addiction. recovery is a journey. it is filled with support, camaraderie and love. are supported by peers going for the same experiences that i did throughout my incarceration. they shared their experience. six months after my release, and was accepted to rutgers university. i was able to move into the recovery house on campus, which has forever changed my life. for the past 2.5 years have been able to share my recovery with other people my age. it is may be more successful in school. gi

will not get out of the way. the united states, of the land of opportunity has the highest corporate tax rate in the world. pushes jobs to our competitors. i agree with met ronnie m. paul bryant that we need to stop all the tax hikes -- mitt romney and paul ryan that we need to stop all the tax hikes. the president's health-care law is driving up costs. it is making it harder for small possesses to expand and hire -- businesses to expand and hire. let's rearepeal obamacare and replace it with common sense reforms that protect american access to care they need from the doctor they choose at a lower cost. we need to look at rainy and all the excess of red tape that is making it harder to work and do business. these ideas are in my job plan. republicans have common-sense proposals to remove these. president obama puts governments first. he wants to raise taxes on small businesses. he wants to keep our energy races under lock and key including the keystone xl pipeline. he wants more spending that will put us in debt to china. more of the same. where are the jobs that no wonder jobs are fleeing ov

. zero instances of voter fraud in pennsylvania. there is no reason to be implementing poll taxes at the time so close to an election. we are hoping for a favorable ruling. we are also on the ground educating people on how to get their ideas as best as they can. the lines at the penndot are two, three, four hours long. disabled people are unable to get the new form of i.d. we hope that judge simpson rules favorably and strikes down this law. >> brenton, you have been all over this from the beginning. i have been following your stories, today in voter suppression. when i hear that the penndot offices are giving out all of this bad information, i'm assuming they are not part of some grand conspiracy. they are just front line workers that can't keep up with the rules. is that right? what are the real challenges to making this at all fair? >> well, consider when the common wealth court hearing started on tuesday. the latest iteration of rules had come down to the penndot workers literally that morning. there was testimony in court that at 7:45, that morning, that a memo went out to th

. as far as business, we have the highest corporate tax in the world. can adjust lower theirs down to sit -- 15%. guest: i agree that war is hell. i co-authored this book with dennis moynihan as we travel the country and broadcast from all over, bringing out these issues and engaging in discussion about what will make us safer in this country. ultimately, it is about shoring up this country. that will increase our national security. there's a deep concern i have as we covered grass roots movement around the country of seeing the wisconsin uprising that happened earlier this year -- last year that inspired occupy all over the country -- we have an act in this country that says we don't think it is a good thing for soldiers to march through the streets of this country. i think people across the political spectrum feel that way. it's interesting how the authorities have gotten around this. since 9/11, billions of dollars have gone into local police departments. they are buying tanks and drones. the level of surveillance is unprecedented. the associated press just did a pioneering series on t

not pay taxes to income tax. they are liberal professions like people who put all their revenues inside society. we believe there has to be changes and we have to have a more comprehensive system that is able to control everybody. >> won the budget was announced, it was predictable. this economy has already seen 65 billion euros out of it this year. today was confirmed a further 90 billion euros would be cut over the coming two. >> 1 economy is represented here by the corporate giants to continue to flourish around the world and then there is the real economy outside these walls, where unemployment is high and consumer spending is low. the challenge facing the government is to somehow cut the deficit now that same time bridge the gap between the corporate world and the real world outside. >> with the race for the white house, mitt romney and president obama are working to win the hearts and minds of voters. or american voters in the key swing states. america remains a 50-50 nation, split between republicans and democrats. the atmosphere has become so poisonous that the kind of bipartisa

anybody think raising taxes builds the economy? >> no! >> no, his plan is to continue what he's done before, the status quo has not worked. we cannot afford four more years of president obama. we're not going to have four more years of obama. >>> wednesday, president obama and mitt romney meet in the first presidential debate. the news hours jim lehr moderates. watch and engage with c-span including the live debate preview at 7 p.m. eastern, debate at 9, and post debate, calls, reactions, e-mails, and tweets. follow our coverage on c-span, c-span radio, and online at c-span.org. now on booktv, peter takes about why our economy produces great wealth and great poverty at the same time. he offers suggestions on how to improve the conditions on tens of millions of americans living below the poverty line. this is about 50 minutes. >> well, thank you so much, debra. i am totally delighted to be here and thanks to busboys and poets for allowing me to be here, to talk with you, and, of course, thanks to all of you for coming. i see a lot of -- a lot of friends, some of my students are

his tax plan or plan to voucherrize his healthcare. >> thank you for joining us. i know you'll be watching the debate. it's going to be a great week coming up. >> thank you so much. >> with the first presidential debate set for this week in colorado, we want to hear what you think about the effect of the presidential debates. will the presidential debates determine who you vote for. find out about unique global taxes are being proposed. and it's the first face-to-face duel of the presidential election. john sununu will tell us what to expect during the debate. stay with us. ♪ keys, keys, keys, keys, keys. ♪ well, he's not very handsome ♪ to look at [ sighs ] ♪ oh, he's shaggy ♪ and he eats like a hog [ male announcer ] the volkswagen jetta. available with advanced keyless technology. control everything from your pocket, purse, or wherever. that's the power of german engineering. ♪ that dirt old egg-suckin' dog ♪ olaf's pizza palace gets the most rewards of any small business crit card! pizza!!!!! [ garth ] olaf's small business earns 2% cash back on every purch

about and some are already being worked on including congestion pricing and a downtown transit tax assessment district because downtown businesses are the greatest benficiencies and should be paying their fair share in terms of busing their employees on a daily basis. i think muni has had a shortfall ever since the state gas tax money, since we lost that money and we have to look at how we're going to solve muni's long-term budget problem and get a muni system that is efficient and runs on time and not cutting fares while expanding fees. we can do that with a vehicle license fee on the local level, with a gas tax on the local level and i would like to work with our state legislators to make that possible here in san francisco. >> thank you. miss olague? >> well, again, we have, as most of you know a transit-first policy in san francisco, and in my conversations with the mta, that is their justification for wanting to impose these fees or parking meter usage and what not. but i think that even though i have been a huge proponent of transit first for a number of years and i do suppo

it feels in this middle. >> hard working, challenges. >> need a break. >> heavy taxes. >> reporter: too few families are saving enough for college and living paycheck to paycheck. the good news, your house price stopped tanking. hitting a bottom doesn't insure a vigorous recovery. if you're lucky, your house stopped losing you money, where are you making money? if you bought stocks 10 years ago, you're just breaking even. and savers, you know how much they're earning in interest? nothing. big companies closed and moved their companies for research and development overseas. >> chinese. >> . >> reporter: america doesn't have to make them. 70% of jobs created in the recovery are low wage jobs, 7 bucks an hour or less. >> the middle class has become poorer and less secure. john, what happened to the american middle class and how do we fix it? >> what happened in the past, everybody thought the solution was a higher degree of education and went from high school to diploma and college degree and eventually graduate degree. that doesn't work anymore because the nature of work is changing. the way

government. it includes tax hikes for the rich and businesses in france. it is aimed at showing francois hollande and his team have the physical rigor to maintain france's reputation as a pillar in the eurozone. >> they came to narrow the deficit next year to 3% of national output -- date came to narrow the deficit next year. >> among the measures -- a temporary 75% income tax on earnings over 1 million euros. business also faces cuts in tax breaks. the prime minister presented the 2013 budget. >> this is a budget for social justice. and it is a budget for growth. it prepares us for the future. it is a courageous and responsible budget. >> the package includes public spending cuts of 10 billion euros. france's economy is in a precarious position. second quarter gdp was stagnant, and unemployment has just talked 3 million -- topped 3 million. the government is aiming to make good on election promises while making sure austerity does not hit france into recession -- tip france into recession. >> spanish banks will need 59 billion euros to get back on their feet according to a new report co

. there are no increases to the highway... to the federal gas tax. >> it maintains existing structure. and it also maintains it beyond of life of safety-lu. so there is senator and we will not have to face a renewal of the gas tax on the expiration of map 21. >> as far as the implementation of safety-lu in the state of california. we are looking to see about the same level of funding over all as a state. of approximately $3 and a half billion under the two programs. but, the key issue is that the funding programs are distributed. the funding is distributed differently, and there is a tug of war going on right now as we speak between the state and the regions about how that funding will be distributed. so, and i will get to that in a moment. but the issue will be discussed in detail at the ctc meeting on september 26 and 27th in burning game. over all the proposal maintains the current level. -safetea-lu-calls for a 50/50 split for the funding sources which in the past had been funded two-thirds to the region and one-third to the state and this is primarily the surface transportation program which

and taxes for the city. we have a whole expansion team. it's' private-public partnership. all partnering to make this thing happen. so what is our goals? is that location has changed dram itally and to work cost-effectively to stay onbudget and deliver the project. so this is the context of where we're looking at. it's right on the lines of new central subway. there will be a moscone stop. we have three separate buildings, south opened 32 years and north opened 20 years and moscone west opened a little over ten years ago. for the study looked at that whole area and looked at the three moscone sites and the two garages, 5th and missing the and the moscone garage between folsom and howard. one of the problems with moscone center it was built basically when the neighborhood was not what it is today. and it was built kind of in independent, isolated area to almost a suburban-type building in what has been a very urban area. we market san francisco as a pedestrian-friendly city and pedestrians are not allowed to walk around the moscone center in some areas. so we need to improve how it fun

a framework to operate from there. >> reporter: as a livestock trader do you have any concern about bush tax cuts not being extended or the debt not being addressed? >> well from just a clear procedural standpoint if romney gets elected he takes over in january the bush tax cuts they're dead. so, now we just have to build that into our model and say that's not going to change. so if obama gets elected they stay in. if romeny gets elected which he won't then he can't necessarily change it so let's just build that those tax cuts are gonna expire at the end of the year period. the one thing that i can tell you that is very troublesome to me as i look at prices, as i look across as i look at hog prices priced for next summer, i look at cattle prices, i look at grain prices and that is that why is it that we ignore the food and energy component of cpi? so, i could be ben bernanke's speech writer because he says the same thing every time he goes in front of the senate is we don't see any particular problem with inflation. really, we don't corn prices just nearly double in three months. so, how is

american middle class family making 75,000 dollars a year, going off the fiscal cliff will raise your taxes $2200 next year and $100 billion cut to medicare and employment benefits and things people use. will the middle classbe the biggest loser if we go off the fiscal cliff? >> america will be the biggest loser if we go off that cliff. i hope, as does everybody else, after this political season gets out of the way, the lame duck congress will come to some kind of agreement and conclusion to prevent that. all this lamenting and crying over the loss of the middle class in america. we have to put that in context. the definition of what middle class america means has changed over the last 20th century, farmers who moved into industrial jobs. we don't lament the guys that stood in front of blast furnaces we saw in our old high school videos making steel. technology and growth changed things. we live in a global economy. we can't change that. the best thing we can do to bring middle class america back is have economic growth. we won't have that until we have some kind of political leadership. i'

for his recent comments that 37% of americans who don't pay income taxes see themselves as victims. >> i travel a lot around this country and i don't immediate meet a lot of victims. i see a lot of veterans who have served this country with bravery and distinction and i see soldiers who defend our freedom every single day and i see those military families who are wondering whether their loved ones are going to come back home safe and sound. that's who i see. >> reporter: active duty military and combat zones do not pay federal income tax and veterans do not pay income tax on their benefits, hammering that theme, jim webb a veteran and father. >> but in receiving veterans benefits, they are not takers. they are givers in the ultimate sense of the world. thank you. >> you might not be able to tell by the supportive crowd of thousands here, but this part of the state is not an obama stronghold. virginia beach and nearby norfolk with their concentration of military voters, lean conservative. president obama is trying to cut into romney's support here and a recent cnn poll of polls shows him

a large tax on the land. neighbors are grateful >> it's veryhat gooey do this >> it willook nice, it is an eyesore right now, that is for sure >> san anselmo says they're not doing it for free >> as we move forward with this process, we canake possession of the property to get our money back >> officials are planning to start work on the law as early as next month and that is fine according to neighbors as long as they finished before the rain begins >> 0 supermarkets are filled with expensive organic options, but which one should you splurge on and which ones are a waste of money? julie shows us how we can stretch our paychecks in the produce aisle. >> salim is proud of her produce >> we are priced pesticide free and all organic >> and a bit pricey. these organic apples cost about twice as normal but with some produce, that is the price you pay to be cleaned >> we are particularly concerned with apples because they have a high load of pesticides >> in this environment says apple's salary and red bell peppers are the dirtiest of the so-called dirty dozen, produce with thehest lev

the bill to hire the energy commission. california became the leader in energy efficiency. we put in tax credits and policies of the public utilities commission to favor alternative energy, independent power production. which is obvious today. when they promoted code- generation it was something very novel. 30 years ago. now you have a different name for a period in his third party power production using power in a driving way to recapture the most efficient way. innovation is important. i have to also, every time we heard the word innovation, i have to put a plug in for tradition. i have a very traditional education. i spent a lot of years in silence speaking latin up in the hills, living within the medieval framework. i do respect the past. we study it. if you are grounded in tradition, you feel quite confident in change and innovation. if you are insecure, you are very reluctant to embrace the unknown. i do think we need to in our education and politics, we have to have a new appreciation for our traditions and the patterns that describe our culture and our being as americans. having

, corporate tax breaks, chain stores and parking garages, a vision for san francisco that doesn't include a lot of everyday people. it's getting to where students and seniors on fixed incomes and young families and teachers and firefighters and everyday folks can no longer afford to live in san francisco. we have a crisis of affordability here. i think the city's economic development polices have a lot to do with why we're starting job/housing imbalance when you are so focused on the power elite, the twitter tax breaks and not focused, which i think we need to start to do. on the economic development interests of our small businesses. which are the life blood of the san francisco economy 80% of our economy is small business along our commercial corridors and most jobs are created by small businesses each year. the city needs to reorient its economic polices towards small businesses and start to remove the red tape and stream-lining the permitting process and other ways to facilitate small businesses to thrive and survive in san francisco. so my no. 1 priority is reorienting our economic

raise your taxes $460 billion, it was a bipartisan rejection. she responded well, it would be just a fractional tax people making more than a million dollars a year. they had a revealing exchange about the cost to the average voter. >> let's get into political detail. scott brown won in 2010. he did that by winning central part of the state and northeastern part of the state, boston is totally democratic except for south bob where the white unionized workers live. those people supported scott brown. the mayor of boston has been endorsed elizabeth warren and says he will send his political machine into south boston. and the head of the afl/cio has been pleading for them not to vote against elizabeth warren. that is where the battleground. >> paul: we have to take one more break. when we come back hits and misses of the week. we're not in london, are we? no. why? apparently my debit card is. what? i know. don't worry, we have cancelled your old card. great. thank you. in addition to us monitoring your accounts for unusual activity, you could also set up free account alerts. okay. [ f

it notified in a public circulation and thanks like that. you can't put it on the property tax rule. they do that because they understand the department's need, certain powers, there has to be balance and equity among certain groups. i guess the water department is able to put this on the property tax role too. without getting into details because i know my time is limited. there's a lot of things i'm uncovering. this just seemed quite unfair. it tilts the balance of fairness away from the property owners who are semi-innocent in this situation. >> your point is clear and we will take a look at that and get a report back. >> should i have -- i have the stuff you sent. would there be any help in me submitting this or no? >> yes, if you could give that to todd. >> okay. all right. thank you very much, appreciate your time. >> is there an appeal process for these kinds of issues? >> we do have todd, the assistant general services c.f.o. this is a commercial account as i recall it. so it goes through the standard procedure, and we are on a bimonthly billing cycle. we have a delinquency notice

't vote. >> greg: you don't have to. >> eric: it turns out half the country may not be paying taxes as well. maybe those are the people uninformed. they're going to choose to vote for whoever writes the checks. >> greg: unemployed should vote. they should vote for somebody who will help them create better economy for more jobs. >> kimberly: when you go to disney land half the people there are not paying taxes. >> andrea: it's hard to take it away'ms seductive political experiment. >> kimberly: you brought that up yesterday about your family in greece. if people are used to getting things -- >> andrea: pension at 43 years old. >> kimberly: then you take it away. >> andrea: they can crazy. >> bob: goofy tried to give me a free lollipop in disney world and i punched him in the stomach. >> andrea: they don't know that nothing is free in this country. you pay for it in some form, higher premium or lower salaries. >> greg: i want to change my mind on something i said earlier. bell o'reilly is wrong that we're seeing more well informed people finding another point of view that didn't exist

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